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Former CEO of Washington Mutual - Kerry Killinger | PBD Podcast | Ep. 185
PBD Podcast
How Different Was Angelo Mazillo From Wall Street?
Countrywide, i think the major differences, again, countrywide, was originating all for sale to fanny freddy and wall street. And their attitude was much more about, if somebodyll buy the product, were going to originate it. I got criticized badly by wall street. We lost tons of people to country wide cause they wanted to ramp up, and we were trying to pull back. Again, 74 %, in hind sight, wasn't enough,. But that's a pretty major a business call.
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